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Markets

KLCI slips into red; Nestle, SP Setia surge

KUALA LUMPUR: The FBM KLCI dipped into the red late into the morning session, along with other Asian markets that moved lower in choppy trade.

Markets

KLCI stays firm; Maxis, KLK on the rise

KUALA LUMPUR: Maxis and KL Kepong lifted the FBM KLCI in early trade on Thursday, as the 30-stock benchmark index held on to gains after a late rally at the previous close.

Business

Singapore's M1 shares skid after Axiata, 2 other cancel sale plan

KUALA LUMPUR: Shares of Singapore-listed telco M1 Ltd hit a low of S$1.915 in Wednesday trade, after its largest shareholders dropped their plans to sell Singapore’s smallest mobile-phone carrier.

Business

KLCI extends losses ahead of MSCI change, ringgit slips

KUALA LUMPUR: Blue chips fell at midday on Tuesday, weighed down by CIMB, Maybank and Axiata while the ringgit lost ground against the major currencies after the mostly weaker coprorate results in the first quarter.

Business

China factor missing from Bursa Malaysia

PETALING JAYA: Warming relations between China and Malaysia, along with the resurrection of China-linked projects such as the RM44bil East Coast Rail Link (ECRL) and the RM140bil Bandar Malaysia project, are catalysts that have yet to be factored into the Malaysian stock market.

Business

Quick take: DRB-Hicom shares slide after top execs remanded by MACC

KUALA LUMPUR: Shares of DRB-Hicom Bhd shares fell almost 2.5% in early trade on Tuesday after the company confirmed that Malaysian Anti-Corruption Commission (MACC) has remanded two top executives of its subsidiary.

Business

Cautious outlook weighs on market

REVIEW: The damp domestic outlook did little to spur buying interest on Bursa Malaysia, leaving the market softer over the week.

Business

Quick take: PetChem, Dialog fall after explosion at Pengerang

KUALA LUMPUR: Shares of Petronas Chemicals Group Bhd (PetChem) and Dialog Group Bhd fell on Friday after a fire and explosion occurred at the Pengerang Integrated Complex in Johor.

Business

Hong Leong Bank, Digi lead KLCI rebound as volume surges

KUALA LUMPUR: Fund buying of Hong Leong Bank and Digi helped the FBM KLCI stage a mild rebound on Friday after a voaltile week, as sentiment was shored up by the firm key Asian markets.

Markets

Local equities broadly lower, Genting stocks lead decline

KUALA LUMPUR: Genting Malaysia and Genting weighed heavily on the local benchmark index on Tuesday following news that Twenty-First Century Fox Inc was pulling out of the contract for the construction of the Fox theme park in Genting Highlands.